Hello, dear speculators and investors! Keep up the good spring mood, as a result, there are new entries. All watched the movie features of national fishing (hunting)? I decided to understand the peculiarities of forex trading, it is assured that any culture gives a unique flavor of full employment. Russia - the more so as we have this, what is not abroad? What nuances of our unique forex trading?
Previously I have identified five national characteristics, which explain in detail below. Do not judge strictly, I try to consider the most important, but if you forgot something - ask to supplement! Flew!
5 features National forex trading
Lawlessness. I'll start with the not very pleasant! But there's no getting around it. With the legislation the situation is frankly bad. The market economy emerged relatively recently in Russia, perhaps therefore not possible to establish control mechanisms. Just not enough control. In practice, none of the forex broker is not controlled by the state. In Russia there is such a body that monitors integrity of Service. Currently, brokerage firms themselves together, create organizations designed to perform the functions of the state, but these associations do not have legislative support and everything what can - to give recommendations. It is encouraging that the work in this direction is carried out from time to time politicians are going with the forex brokers and discuss problems, but have not yet come to some radical changes. One can only hope that change is just around the corner! Otherwise, an unscrupulous broker fool a novice trader, where to go? Who to contact? And he remains alone with their problems ... And in such a situation, it may be one.
PAMM accounts. Although many resources, this abbreviation stands for in English, I have not seen on the Internet any foreign PAMM service. There is something like, closed options, management of accounts by experienced traders and so on. But the usual Russian investors rating PAMM accounts have not seen! In the most popular companies in Russia have offices in other countries, and so, on the Russian website of the PAMM account is, in others not. Maybe I was looking bad? If someone met in a foreign Internet services such - leave a link in the comments, and my readers will be interested! In European countries, and certainly in the US legislation is much stricter, so do not be surprised if the creation of such a product is in principle impossible. But there is a quality alternative - hedge funds. PAMM accounts can not be called, but the principle is the same, only more money, better results and a sense of responsibility. The dream of any investor - the wider development of hedge funds on the territory of our Motherland!
Scam. That's what is called forex trading many professionals who trade on the stock exchange. This is understandable, there is lawlessness in view, described in the first paragraph. But we will not be discouraged. Do not forget that many of them have experience of trading forex. Besides trading on Russian stock markets often presents unpleasant surprises, it is not clear who is better protected. Perhaps nowhere in the world there is no confrontation between stock and forex traders, mostly working relationship, there is no tension. And we have even on public resources ignite controversy. Perhaps this situation will change for the better, I hope so! Still, the system is applicable and trading on the Russian stock market, for me personally is not much difference than trading, so do not feel an irrepressible love for one direction and the cold rejection of the other. It would be great if the relationship will improve!
forex trading
Public opinion against the forex trading! If in the first paragraph considered professional opinion that this will touch the public, amateurish. This item is not only Forex, but also exchange trade as a whole. What people are saying about your parents, friends and acquaintances? My - no good. When I say what I do, and the distrustful glances sidelong provided. The majority of the inhabitants, this business is strongly associated with rates in the casino game and good luck. Therefore, the ratio of the corresponding many this kind of activity is not taken seriously at all. Often tell stories of failure, large losses of money and the like. But I believe that in any case can be approached professionally, forex trading is no exception, which proves their trade. In Russia, this theme is not very developed compared with the West, it is possible, so the appropriate attitude, more timid. Another thing: what is written above, refers to the outback, would not be surprised if the situation is quite different in Moscow!
The naivety of investors. If they can be called. People who have invested money in the forex traders and did not return back enough. I think the reasons for this in the unit of financial ignorance and inexperience. I do not pass by the same PAMM accounts: how Martingale managers have merged the money - is unknown. And they continue to do so with the knowledge of his profession! It happens that the trader lacks 1-3 months of trading to attract tangible means as so thoughtlessly managers can invest ?! (This is a rhetorical question) For example, the monitoring of Alpari can see the change of funds invested in the control. Many are investing in long and long equity rally up, just when the rise ends and the drawdown occurs. As a result, funds are derived directly from the losses. What is the point of investing if the first drawdown of scary? Why not invest at loss in the calculation of the profit? These issues can not be solved ... I think it's "trademark" Russian investors!
I have not forgotten anything? Already asked this question, okay. These were the 5 features National forex trading! Do you know more? Complement in the comments. Speaking as a whole, we will, as always lag behind the West, at the same time develop their own way do not want to. I hope the situation will change! It would be nice to finish 6th feature "in the Russian traders earn about 50%, they are the best on the market!" Let's try! :-)
At the finish! private trader was with you. I invite you to subscribe to blog updates by email in the form below, so you will know about the new material very first. Or add in social networks, where I was able to announce the posts. I wish you a profitable forex trading! See you!
5 features National forex trading
Lawlessness. I'll start with the not very pleasant! But there's no getting around it. With the legislation the situation is frankly bad. The market economy emerged relatively recently in Russia, perhaps therefore not possible to establish control mechanisms. Just not enough control. In practice, none of the forex broker is not controlled by the state. In Russia there is such a body that monitors integrity of Service. Currently, brokerage firms themselves together, create organizations designed to perform the functions of the state, but these associations do not have legislative support and everything what can - to give recommendations. It is encouraging that the work in this direction is carried out from time to time politicians are going with the forex brokers and discuss problems, but have not yet come to some radical changes. One can only hope that change is just around the corner! Otherwise, an unscrupulous broker fool a novice trader, where to go? Who to contact? And he remains alone with their problems ... And in such a situation, it may be one.
PAMM accounts. Although many resources, this abbreviation stands for in English, I have not seen on the Internet any foreign PAMM service. There is something like, closed options, management of accounts by experienced traders and so on. But the usual Russian investors rating PAMM accounts have not seen! In the most popular companies in Russia have offices in other countries, and so, on the Russian website of the PAMM account is, in others not. Maybe I was looking bad? If someone met in a foreign Internet services such - leave a link in the comments, and my readers will be interested! In European countries, and certainly in the US legislation is much stricter, so do not be surprised if the creation of such a product is in principle impossible. But there is a quality alternative - hedge funds. PAMM accounts can not be called, but the principle is the same, only more money, better results and a sense of responsibility. The dream of any investor - the wider development of hedge funds on the territory of our Motherland!
Scam. That's what is called forex trading many professionals who trade on the stock exchange. This is understandable, there is lawlessness in view, described in the first paragraph. But we will not be discouraged. Do not forget that many of them have experience of trading forex. Besides trading on Russian stock markets often presents unpleasant surprises, it is not clear who is better protected. Perhaps nowhere in the world there is no confrontation between stock and forex traders, mostly working relationship, there is no tension. And we have even on public resources ignite controversy. Perhaps this situation will change for the better, I hope so! Still, the system is applicable and trading on the Russian stock market, for me personally is not much difference than trading, so do not feel an irrepressible love for one direction and the cold rejection of the other. It would be great if the relationship will improve!
forex trading
Public opinion against the forex trading! If in the first paragraph considered professional opinion that this will touch the public, amateurish. This item is not only Forex, but also exchange trade as a whole. What people are saying about your parents, friends and acquaintances? My - no good. When I say what I do, and the distrustful glances sidelong provided. The majority of the inhabitants, this business is strongly associated with rates in the casino game and good luck. Therefore, the ratio of the corresponding many this kind of activity is not taken seriously at all. Often tell stories of failure, large losses of money and the like. But I believe that in any case can be approached professionally, forex trading is no exception, which proves their trade. In Russia, this theme is not very developed compared with the West, it is possible, so the appropriate attitude, more timid. Another thing: what is written above, refers to the outback, would not be surprised if the situation is quite different in Moscow!
The naivety of investors. If they can be called. People who have invested money in the forex traders and did not return back enough. I think the reasons for this in the unit of financial ignorance and inexperience. I do not pass by the same PAMM accounts: how Martingale managers have merged the money - is unknown. And they continue to do so with the knowledge of his profession! It happens that the trader lacks 1-3 months of trading to attract tangible means as so thoughtlessly managers can invest ?! (This is a rhetorical question) For example, the monitoring of Alpari can see the change of funds invested in the control. Many are investing in long and long equity rally up, just when the rise ends and the drawdown occurs. As a result, funds are derived directly from the losses. What is the point of investing if the first drawdown of scary? Why not invest at loss in the calculation of the profit? These issues can not be solved ... I think it's "trademark" Russian investors!
I have not forgotten anything? Already asked this question, okay. These were the 5 features National forex trading! Do you know more? Complement in the comments. Speaking as a whole, we will, as always lag behind the West, at the same time develop their own way do not want to. I hope the situation will change! It would be nice to finish 6th feature "in the Russian traders earn about 50%, they are the best on the market!" Let's try! :-)
At the finish! private trader was with you. I invite you to subscribe to blog updates by email in the form below, so you will know about the new material very first. Or add in social networks, where I was able to announce the posts. I wish you a profitable forex trading! See you!
